AMD, Cerebras Strike AI Chip Deals

Licensing

12:52 PM ET 07/22/2026

Advanced Micro Devices (AMD) and Cerebras Systems (CBRS) on Wednesday separately announced partnerships related to their AI chips. AMD stock and Cerebras stock rose on the news as semiconductor stocks overall advanced. AMD disclosed a strategic partnership with AI giant Anthropic, known for its Claude artificial intelligence tools. Under the deal, Anthropic will deploy up to 2 gigawatts of AMD…